Yesterday Yahoo! announced the launch of an SMS search tool and the expansion of its Yahoo! Search Mobile utility. The SMS search tool uses shortcuts to provide quick access to local data, a Wi-Fi hotspot finder, weather, stock quotes, daily horoscopes, dictionary definitions, and a zip and area code lookup. You simply open a new text message, enter a shortcut search term, and then enter shortcode 92466 (YAHOO). A text message will be returned with the search results. Yahoo! Search on Mobile is now available for WAP 2.0 (xHTML) handsets instead of just HTML devices. Enter mobile.yahoo.com on your device to get to the browser on your phone. Check out the Yahoo! Search on Mobile page for all the details on these new functions. Thanks to Cory for the news.